Among NSE Smallcap 100 index constituents, Suzlon Energy Ltd shares are up 289 per cent in the last six months; BSE is up 258 per cent while Kalyan Jewellers is up 190 per cent.
IRCTC, Adani Wilmar, UPL, PI Industries, Bosch and Hero MotoCorp are among largecap companies that are likely to categorised as midcaps, suggested the study by Abhilash Pagaria, Head, Nuvama Alternative and Quantitative Research.
Suzlon Energy topped the volume chart on NSE. The stock tanked 4.39 per cent to Rs 21.80, as 8,53,59,021 shares worth Rs 187 crore changed hands on the counter on the exchange by 10 am.
Sulzon Energy: Kotak's reverse-valuation analysis based on current market capitalisation suggests that Suzlon Energy will need to deliver 5-8 GW of annual wind turbine capacity to justify its current stock price.